Koch Industries News

Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that took on its liability from asbestos litigation and then filed bankruptcy to limit lawsuit payouts, according …

Minnesota AG Sues Exxon, Koch and API over Climate Change ‘Deceptions’

The state of Minnesota has filed a lawsuit against the American Petroleum Institute, Exxon Mobil Corp. and Koch Industries for what it called a decades-long campaign to deceive the public about climate change. The lawsuit is the latest in a …

Democrats Seize on Koch Brothers, Republican Opposition to Flood Insurance

17 Apr 2014 09:00 Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America. It’s a potentially potent …

House Passes Bill Requiring Reporting by Asbestos Victims’ Trusts

Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought legislation on asbestos claims advance in Congress today. …